BAJFINANCE trade ideas
BAJFINANCE TRADING AT NEAR ALL TIME HIGH WITH ASCENDING PATTERNas we all know the bajaj finance is a giant of finance sector now trading at all time high with a perfect ascending triangle pattern and the bank nifty also seeems strong so if breakout happen in this stock it will go zooooommmmmmm.....\\\\
Bajaj Finance Fundamentally strong company
Technically breaking all time high resistance
and formed cup n handle pattern also on Small time frame
we can expect 7-10% tgt on above High
Note- Before taking any entry exit please consult with your Financial advisor
Bajfin DailyBajfinance Daily breakout with Bullish H&S pattern. Looks strong for swing trade with proper risk management.
Completely In a Range, Wait for a Proper Either side BreakoutGo Short on Breakdown Confirmation and Go Long on Breakout Confirmation. Chances of Breakdown is more as Gap is Pending.
Bajaj Finance - Watch for reverse H&S BreakoutBajaj Finance trading at CMP 5648, forming reverse head and shoulder pattern.
Look for breakout; can be good buying opportunity for short term target around 21%.
Bajaj Finance breakout Bajaj Fin breakout from falling channel with good volume . Can give good returns .
BAJAJ FINANCE IS AT INTERESTING POINT, BAJAJF IS TRADING AT NARROW RANGE, BREAKUP OR BREAKDOWN WILL BE GIVING GOOD MOVE.
Triangle Pattern Formation on 1 hour timeBuy above Breakout. Wait for the Breakout with confirmation.
1000 point rally due if breaksThis stock standing at resistance and high as well. if breaks expect 1000 points rally
Cup and HandleTea time, although i havent had much success on this pattern but still being hopeful of a trade working for me, wait for move on the upside
BAJFINANCE Rectangle pattern and price at SupportI will buy BAJFINANCE because :
It has been forming a rectangle pattern at the trend line .
It us also forming a rectangle pattern
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 4872
Target : 5790
Stop loss : 4667
BAJFINANCE Levels for 24-MAY-21(Intraday) Buy above 5645 for 15,40,70+++
Sell below 5620 for 15,40,70+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Intraday levels for May - 201. Price action
2. Support and Resistance
3. Wait for break important levels
